The all-too-common problem: You’re doing good work, and are looking to launch new programs that could greatly benefit your community. But you need support to make sure the lights are on, the rent is paid, and you have the funds needed to pay for current and new staff. In short, you need help with general overhead expenses--and getting such help in today's tight funding environment can be difficult, especially since many private funders won't cover general overhead.
So what should you do?
While operating expenses are indeed not high priority for most foundations, the prevailing myth that foundations won't pay for operating support simply is not true. Nonprofits can indeed find funding for operating expenses that are essential for providing new programs, but you just have to know where to look.
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Just how common is foundation support for operating costs?
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How much in the way of overhead should you ask for?
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Do "operating costs" mean the same thing for all private funders? Can operating costs include staff salaries, consultative and legal services, or rental fees?
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And most importantly, what are the keys to success when seeking operating support?
These are just some of the many issues to be thoroughly explored when expert grant analyst and veteran grantwriter David Kittross, editor of Federal & Foundation Assistance Monitor for more than 2 decades and currently senior editor of Community Health Funding Report, presents an update this popular 2012 audioconference. He'll provide insightful, authoritative answers to some of the most frequently posed -- and downright gnawing -- questions raised within grantwriting circles about funding overhead expenses.
KEY TOPICS DISCUSSED…
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How do you find foundations most willing to provide operational funding?
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What “inside information” should your organization be ready to share?
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What do you need to know about new trends and models for overhead funding?
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Where do you start searching, and what should you look for in potential funders?
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Why “strategic grantmaking” can be a sign that a funder is interested in providing operating support?
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What are the keys to success when seeking overhead support?
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How can smaller nonprofits raise operating capital?
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And so much more!
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